Read the reports this seems beyond stupid. They have a bit of debt but that's due to the growth phase. Simon has also brought 2 mill worth of shares at 2.50ish recently.
What do you think is happening here In layman's terms?
To me they have enough profit to function without a cap raise.
I would like to buy more but this is so farked. Who is selling 16.5 mill shares in 36 hrs?
News: DGL DGL Group Ltd Says FY Underlying NPAT Of A$33.6 Mln, Up 197% On Pro-Forma, page-37
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Last
61.0¢ |
Change
0.030(5.17%) |
Mkt cap ! $173.9M | |||
| Open | High | Low | Value | Volume |
| 58.0¢ | 61.0¢ | 58.0¢ | $153.2K | 256.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 60.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 61.0¢ | 100840 | 1 |
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| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| DGL (ASX) Chart |